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Vakrangee zooms on the bourses

20 Aug 2021 Evaluate

Vakrangee is currently trading at Rs. 41.55, up by 4.45 points or 11.99% from its previous closing of Rs. 37.10 on the BSE.

The scrip opened at Rs. 37.00 and has touched a high and low of Rs. 42.25 and Rs. 36.75 respectively. So far 1750251 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 69.85 on 31-Dec-2020 and a 52 week low of Rs. 24.40 on 24-Sep-2020.

Last one week high and low of the scrip stood at Rs. 42.25 and Rs. 36.20 respectively. The current market cap of the company is Rs. 4407.13 crore.

The promoters holding in the company stood at 42.60%, while Institutions and Non-Institutions held 16.07% and 41.32% respectively.

Vakrangee has digitized the complete Franchisee Lifecycle Management processes including Franchisee Acquisition, On-Boarding and Service Activation processes leading to delivering a Faster, Simpler and Secured experience. This would result into robust scalability and quicker turnaround of the prospective franchisees.

This would significantly improve company’s Franchisee Activation timelines thereby supporting robust scalability to company’s Franchisee model. The company’s planned target is to reach at least 25,000 Nextgen Vakrangee Kendras by FY 2021-22 and further enhance it to reach 75,000 Nextgen outlets by FY 2025-26. With the FLM completely digitized now, it gives comfort and clarity to reach the set goals well before the targeted timelines. Further, it would also significantly reduce its franchisee on-boarding costs; enhance field team efficiency and productivity, thereby leading to improved profitability.

Vakrangee is the unique technology driven company focused on building India's largest network of last mile retail outlets to deliver real time banking & Financial Services, ATM, insurance, e-governance, ecommerce and logistics services to the un-served rural, semi-urban and urban markets.

Vakrangee Share Price

6.91 0.00 (0.00%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
eClerx Services 1666.95
Info Edge 978.45
Firstsource Solution 274.20
Affle 3i 1506.65
Hinduja Global Soln. 445.40
View more..

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